The Effect of Public Financing on the Competitiveness of Elections

29 Pages Posted: 7 May 2009

See all articles by Thomas Stratmann

Thomas Stratmann

George Mason University - Buchanan Center Political Economy; George Mason University - Mercatus Center; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: May 7, 2009

Abstract

This paper analyzes the effect of public financing on the competitiveness on elections. It shows that states with public financing have more competitive elections in state assembly races than states without. The paper also analyzes the fortunes of those candidates for the Maine House of Representatives who accept public financing in Maine. The results from this analysis show that accepting public financing increases incumbents' vote share by 2 percentage points and challengers' vote share by 3 percentage points.

Keywords: Public Financing, Elections, campaign contributions, campaign expenditures

JEL Classification: D72

Suggested Citation

Stratmann, Thomas, The Effect of Public Financing on the Competitiveness of Elections (May 7, 2009). Available at SSRN: https://ssrn.com/abstract=1400809 or http://dx.doi.org/10.2139/ssrn.1400809

Thomas Stratmann (Contact Author)

George Mason University - Buchanan Center Political Economy ( email )

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George Mason University - Mercatus Center ( email )

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HOME PAGE: http://www.mercatus.org/scholars/thomas-stratmann

CESifo (Center for Economic Studies and Ifo Institute)

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Germany

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